NOT LISTED FOR SALE

Estimated Value: $640,000 - $784,000

4 Beds
3 Baths
2,402 Sq Ft
$299/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $510,000 $212 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,464/month

17 Days on Market

Highlights

  • Property is near public transit
  • New Englander Architecture
  • Forced Air Zoned Heating System
  • Wood Flooring
  • No HOA
  • Baseboard Heating

About This Home

As of May 2021

This three unit has been maintained very well. Tenants are on a month to month basis. Seller really likes these tenants. All rents are clearly below market rates. We have based price on increases to existing rents.
Very nice owner occupied unit on the first floor.

Last Agent to Sell the Property

Mike Bunting

Coldwell Banker Realty Brokerage Phone: 207-773-1990 Listed on: 02/25/2021

Coldwell Banker Realty

Last Buyer's Agent

Timberly Muncey

Realty ONE Group - Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,207

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 3 Full Bathrooms
  • 2,402 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Laminate
  • Tile

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Driveway
  • Paved Parking

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 014 / G
  • Assessor Parcel Number PTLD-000066A-G000014-000001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $14,384
  • Gross Income $31,958

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,207

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Park St South by Seadog Baseball Park, Right onto St. John St to #395
  • Above Grade Finished Sq Ft: 2402.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Attribution Contact: 207-773-1990
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2402.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 31958.0
  • Income Expenses Operating Expenses: 14384.0
  • Exterior:Wood Siding: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Bank Owned REO: No
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Building Info:_pound_ Floors3: 2
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Tile, Laminate
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Turnpike/Interstate, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Portland Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: PTLD-000066A-G000014-000001
  • Zoning: R-6

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 31958.0
  • Annual Operating Expense: 14384.0

Tax Info

  • Tax Annual Amount: 6207.0
  • Tax Block: G
  • Tax Book Number: 33093
  • Tax Lot: 014
  • Tax Map Number: 66A
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
May 12, 2021
Sold by
Thornton Alexander B
Bought by
Liptak Alexander B
Seller's Agent
Mike Bunting
Coldwell Banker Realty
Buyer's Agent
Timberly Muncey
Realty ONE Group - Compass
List Price
$489,900
Sold Price
$510,000
Premium/Discount to List
$20,100
4.1%
Current Estimated Value
$717,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,719
Avg. Annual Appreciation
7.47%
Original Mortgage
$500,762
Outstanding Balance
$458,608
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$238,511
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Liptak Alexander B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liptak Alexander B $500,762
Previous Owner Thornton Alexander B $159,500
Previous Owner Harris William A $62,000
Previous Owner Harris William A $67,000
Previous Owner Harrie William A $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $510,000 +4.1% $212 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $489,900 -- $204 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,675 $511,300 $91,400 $419,900
2023 $7,163 $497,100 $91,400 $405,700
2022 $6,766 $497,100 $91,400 $405,700
2021 $6,457 $497,100 $91,400 $405,700
2020 $6,207 $266,300 $85,900 $180,400
2019 $6,207 $266,300 $85,900 $180,400
2018 $5,986 $266,300 $85,900 $180,400
2017 $5,765 $266,300 $85,900 $180,400
2016 $5,622 $266,300 $85,900 $180,400
2015 $5,494 $266,300 $85,900 $180,400
2014 $5,326 $266,300 $85,900 $180,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1482864

Maine Listings

APN: PTLD-000066A-000000-G014001